2-bed · 2,042 sqftMarina Residences 5, Palm Jumeirah · 2nd floor · completed 2009

209, Marina Residences 5

Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 22 July 2022
Last soldAED 2.6M22 July 2022
Current rentAED 115K /yr5 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Marina Residences 5

What is 209 worth today?

Last sold for AED 2,600,000 in 2022

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22 Jul 2022SoldReady
AED 2,600,000AED 1,273 per sqft
5 Oct 2020RentedNew contract
AED 115,000/yr12 months · AED 56 per sqft
15 Jul 2019RentedRenewal
AED 145,000/yr12 months · AED 71 per sqft
15 Jul 2018RentedRenewal
AED 174,000/yr12 months · AED 85 per sqft
15 Jul 2017RentedNew contract
AED 174,000/yr12 months · AED 85 per sqft
8 Dec 2013RentedNew contract
AED 149,198/yr12 months · AED 73 per sqft
9 Dec 2012RentedNew contract
AED 150,000/yr12 months · AED 73 per sqft
23 Nov 2011Sold by developerReady
AED 2,755,300AED 1,349 per sqft

Source: Dubai Land Department. Updated 22 July 2022.

Key facts

Type
2-bed apartment
Size
2,042 sqft
Floor
2nd of 14
Parking
CB1-219
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 34,000 /yr
Last sold
AED 2.6M · July 2022

About 209, Marina Residences 5

209 is a two-bedroom apartment of 2,042 sqft on the 2nd floor of Marina Residences 5, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 22 July 2022 for AED 2,600,000, or AED 1,273 per sqft, in line with the AED 1,248 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 5 October 2020, is AED 115,000 a year: a gross yield of 4.4% on the 2022 price, before the service charge of about AED 34,000 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical two-bed in Marina Residences 5
2M4M2010201520202025Typical sale price by year: 2010 AED 2,729,600; 2011 AED 2,580,700; 2012 AED 2,557,050; 2013 AED 2,544,200; 2014 AED 2,950,000; 2015 AED 2,787,500; 2016 AED 2,695,500; 2017 AED 2,547,400; 2018 AED 2,300,000; 2019 AED 1,660,000; 2020 AED 1,600,000; 2021 AED 1,700,000; 2022 AED 2,600,000; 2023 AED 3,110,000; 2024 AED 3,635,000; 2025 AED 3,978,188; 2026 AED 4,450,000Sold by developer, November 2011: AED 2,755,300 (AED 1,349 per sqft)Sold, July 2022: AED 2,600,000 (AED 1,273 per sqft)

209 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 209, each contractTypical two-bed in Marina Residences 5
100K150K200K2012201620202024Typical rent by year: 2012 AED 138,500; 2013 AED 145,000; 2014 AED 160,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 160,000; 2018 AED 145,000; 2019 AED 132,750; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 139,440; 2023 AED 165,000; 2024 AED 185,000; 2025 AED 192,477; 2026 AED 200,000New contract, December 2012: AED 150,000 a yearNew contract, December 2013: AED 149,198 a yearNew contract, July 2017: AED 174,000 a yearRenewal, July 2018: AED 174,000 a yearRenewal, July 2019: AED 145,000 a yearNew contract, October 2020: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Residences 5, and where 209 sits

All 106 2-beds →

209 last sold in July 2022 at AED 1,273 per sqft, in line with what two-beds in Marina Residences 5 were fetching at the time (AED 1,248). Over the last 12 months two-beds sold for AED 3,850,000 to 5,100,000, around AED 2,278 per sqft, and rent for AED 150,000 to 300,000 a year. 209's AED 115,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Oct 20265,100,000
2 Oct 20264,450,000
28 Jul 20263,850,000
5 Jun 20264,900,000
7 2-bed sales in the last 12 months

Marina Residences 5

Building

162 apartments, 2-bed to 5-bed over 14 floors in Palm Jumeirah, completed in 2009 by The Palm - Jumeirah Co. 10 sold in the last 12 months.

Typical price per sqft
AED 2,433 Up 9.7%
Typical sale
AED 4.78M
Typical rent
AED 209K /yr
Typical yield
4.3%
Marina Residences 5, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 162 units in Marina Residences 5
Value
2012-bedAED 3.6M · Sep 2025
2022-bedAED 2.05M · Feb 2013
2032-bedAED 1.6M · Sep 2020
2042-bedAED 2.88M · Sep 2010
2053-bedAED 3.53M · Mar 2011
2063-bedAED 4.48M · Oct 2010
2073-bedAED 3.61M · Sep 2010
1–7 of 10

209, Marina Residences 5 in numbers

  • Sold twice: first on 23 November 2011 for AED 2,755,300, last on 22 July 2022 for AED 2,600,000 (AED 1,273 per sqft).
  • Rented since December 2012 on 6 Ejari contracts, from AED 150,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2022 price is 4.4%, before a service charge of about AED 34,000 a year (AED 16.67 per sqft).
  • Two-beds in Marina Residences 5 sold for AED 3,850,000–5,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,433 per sqft.

Source: Dubai Land Department. Updated 22 July 2022.

Questions about 209, Marina Residences 5

What did unit 209 last sell for?

AED 2,600,000 on 22 July 2022: AED 1,273 per sqft for 2,042 sqft. The unit has 2 registered sales; the first was AED 2,755,300 in November 2011.

What is the rent for unit 209?

AED 115,000 a year on the contract signed on 5 October 2020. The previous contract, from July 2019, was AED 145,000; the unit has been rented since December 2012.

How big is unit 209?

2,042 sqft (189.7 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2009.

What is unit 209 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Residences 5 sold for AED 3,850,000 to 5,100,000 in the last 12 months, around AED 2,278 per sqft.

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Mortgage on 209, Marina Residences 5

Starts from the last sale price (AED 2.6M, 22 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →